2. Chapter 1
Entrepreneurial Careers

3. Section 1.1
Your Career

4. Objectives
Explain the importance of exploring career opportunities before making a career choice.
Create a career plan based on your personal goals, values, aptitudes, and skills.

5. ssential Question
How can research and planning contribute to career success?

6. Explore Your Career Options
Explore and research the career best for you
Career Clusters
Research career opportunities
Career clusters: 16 groups of occupations and career specialties
Career pathways: Subgroups that reflect occupations with similar knowledge and skills

7. Explore Your Career Options
Foundation skills
Basic skills
Thinking skills
Personal skills
Technology skills
Business skills

8. Explore Your Career Options

9. Explore Your Career Options
Research career opportunities
School guidance counselor
Career and technical student organizations (CTSOs): National student organizations with chapters related to CTE courses
US Department of Labor
College Board
Career Fairs
Internet

10. Make a Career Plan
Career plan: Steps on a time line to reach career goals
Changes throughout your life
Use the decision-making process
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11. Make a Career Plan Learn about yourself
Aptitude is the natural ability to do or learn something
Skill is an ability a person has learned over time and can do well
Attitude is feelings about people or things
Values are beliefs of a person or culture
Goals are things a person wants to achieve in a specified time period

12. Make a Career Plan
SMART goals are specific, measurable, attainable, realistic, and timely
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13. Review and Assessment 1. Why explore the career clusters?
By exploring the career clusters, students can gain information about various career choices.
2. What are the steps in the decision-making process?
The steps in the decision-making process are: define the challenge, gather the facts, analyze the situation, generate ideas, consider the alternatives, make a decision, and implement the decision.

14. Review and Assessment
3. What is the purpose of creating a career plan?
A career plan is a list of steps on a time line to reach each of your career goals. The plan you start now will lay the foundation and guide you through the decision-making process for deciding on your first career.

15. Review and Assessment
4. What is the difference between aptitude and skill?
Aptitude is a natural ability, while skill is something someone learns over time and can be done well.
5. What are SMART goals?
Well-defined goals are specific, measurable, attainable, realistic, and timely.

16. Section 1.2
Becoming an Entrepreneur

17. Objectives Explain what an entrepreneur does.
Describe the person who can be an entrepreneur.

18. ssential Question
How do the qualities common to many entrepreneurs help them succeed?

19. What Is an Entrepreneur?
Entrepreneur: Person who starts a new business
Entrepreneurship is taking risks and responsibilities of starting a new business
Start-up companies are newly created businesses

20. Who Can Be an Entrepreneur?
Only limited by creativity, drive, and desire
Over 565,000 new US businesses started each year
Most entrepreneurs are leaders
Leader influences others in a positive way and makes things different or better

21. Who Can Be an Entrepreneur?
Effective entrepreneurs:
Establish and manage relationships
Empower others to act
Lead by example
Encourage others
Communicate their ideas

22. Who Can Be an Entrepreneur?
Aptitude to open a business and work in their field
Know their values and establish realistic goals for their businesses
Common skills:
Interpersonal skills: Used to communicate with those around you
Problem-solving skills
Basic business skills
Planning skills
Leadership skills

23. Who Can Be an Entrepreneur?
Traits: Behavioral and emotional characteristics that make each person unique

24. Who Can Be an Entrepreneur?
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25. Who Can Be an Entrepreneur?
Self-assessment helps to understand personal preferences and identify strengths and weaknesses
Goodheart-Willcox Publisher

26. Who Can Be an Entrepreneur?

27. Review and Assessment
1. What is the difference between the terms entrepreneur and entrepreneurship?
An entrepreneur is a person who starts a new business. Entrepreneurship is the act of taking on both the risks and responsibilities of starting a new business.

28. Review and Assessment
2. What is the impact of entrepreneurship on the US economy?
Small businesses employ more than half of private sector employees in the US, and more than a third of all high-tech workers. Small businesses export more than 97% of all exported goods and are 99.7% of all employer firms.
3. Identify three traits common to successful entrepreneurs. Explain how they contribute to success.
Passion, problem solving, planning, persistence, perseverance. Student examples may vary.

29. Review and Assessment
4. What are the five skills common to entrepreneurs?
Interpersonal skills, problem-solving skills, business skills, planning skills, and leadership skills.
Identify three traits common to successful entrepreneurs and explain how they contribute to success.
Student responses will vary. Refer to Figure 1-7.